Be An Entrepreneur

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This is a presentation that includes detail the process of entrepreneurship.

BE AN

ENTREPRENEUR
Build Your Future

A Brief about Entrepreneurship
It is a state of mind – it is not a profession, it is not a business! It is about generating ideas, identifying an opportunity, creating solutions and creating products. Successful Entrepreneur in The world:- Bill Gates(Microsoft), Bill Hewlett(HP),Gordon Moore(Intel),Larry Page(Google),Mark Elliot Zuckerberg(Facebook)
Successful Entrepreneur in India:- Ratan Naval Tata,Azim H. Premji(Wipro), Dhirubhai Ambani(Reliance), N. R. Narayana Murthy(Infosys),Kishore Biyani(Future Group)

Feasibility of the

Business Idea

Is your business idea a good one?

Analyze the business idea
Market analysis Competitive advantage analysis Financial feasibility analysis

Make a strong
Clarifying your vision

Vision

Make at least Three-Years Vision first

Setting Goal
And make sure that “DO YOU WISH TO MAKE A HOSPITAL OR SAVE LIVES!”

Who is your Customer and

Current Market
Who is your target customer? What problem are you solving for him/her?

How big is the market for your product/service?
How fast is it growing(%)?

Product
What is your product/service? And how will you make it?
Are you saving time, reducing cost or giving convenience to customers. Idea Product where 1 lakh is an idea, Nano is a product. Input for making product and output that customer gets are both important.

Marketing and Sales
Know how to sell and where to sell? Make at least 5 ways of marketing to your customers. Think about lunch plans.

Find multiple ways for accomplish sales.

Financial Affairs
Make a financial plan Template
Find the source of fund and investment What will be your revenue model like Advertising,Direct Seller,Broker,Franching etc. Make Financial Plan Template like capital,total revenues,variable and fixed expenses etc.

Legal Requirement
Basic legal requirements Documents required to be filed with ROC Income tax related compliance

Business licenses, Copyright, Trade Mark and other legal issues

SWOT Analysis
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
SWOT analysis on your business is an essential step in the process of branding and marketing your product or service. Doing this will help you realize what you can work on and what you can capitalize on.

A Top-notch

Business Team

No one person can build a successful business alone. It's a task that requires a team that is as committed as you to the business and its success. Make a list of your business team those are need to starts your business. Think about One year team requirements, Salary, no of people etc.



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